Over the range of positive, but diminishing, marginal returns for an input, the total product curve
A)falls.
B)rises at a constant rate.
C)rises at a decreasing rate.
D)rises at an increasing rate.

Question

Quizplus · Accepted Answer

During the phase of positive but diminishing marginal returns, the total product curve rises at a decreasing rate. This is because each additional unit of input contributes less to the total output than the previous unit, reflecting diminishing productivity.

Over the Range of Positive, but Diminishing, Marginal Returns for an Input